Illinois SB1888 amends tax laws to exempt certain tangible personal property from use, service, and sales taxes.
Illinois SB1888 amends the Use Tax Act, Service Use Tax Act, Service Occupation Tax Act, and Retailers' Occupation Tax Act to exempt various tangible personal properties from taxes. Exemptions include farm machinery, equipment, and chemicals for agricultural purposes; materials and equipment for aircraft modification and maintenance; consumable supplies for breast pumps; and equipment for data centers. The bill also exempts certain sales and leases of property to specific entities, such as not-for-profit organizations and educational institutions.
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